Stocks in news: Equity markets started positively, with modest gains during a subdued session. Key focus includes ICICI Bank’s clarification on Sebi chief’s salary, Vedanta’s interim dividend, Adani Green’s $444 million joint venture, HAL’s aero-engine procurement approval, and more developments involving Gensol Engineering, Medi Assist Healthcare, and IEX’s arm ICX.
Smallcaps cheaper but not cheap yet: Sonam Srivastava urges selective investing
Smallcap stocks have corrected sharply but are still not cheap, says Sonam Srivastava of Wright Research, urging investors to stay selective. She highlights opportunities in